Citizens State Bank
Iowa Falls, IA · Owner: Hardin Bcorp
$54.0M
total assets, June 30, 1986
$54.0M
total assets, June 30, 1986
Citizens State Bank was a state nonmember bank in Iowa Falls, IA, owned by Hardin Bcorp. It failed on Jul 31, 1986, and Green Belt BANK&TRUST took over its deposits. At its last report it held $54.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1986
This bank failed
- Failed on
- Jul 31, 1986
- Assets
- $54.0M
- Deposits
- $53.5M
- Estimated cost
- $4.8M
- Deposits went to
- Green Belt BANK&TRUST, Iowa Falls, IA
Total assets
$54.0M
-21.2% in a year · -13.4% in a quarter
Deposits
$53.5M
-12.6% in a year · -9.1% in a quarter
Loans
$31.0M
-35.9% in a year · -14.1% in a quarter
Profit so far
-$4.2M
Jan 1 to Jun 30, 1986
Capital ratio
-0.63%
-8.99 pts in a year
Return on assets
-13.53%
-11.53 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 616 Washington Street, Iowa Falls, IA, 50126
- County
- Hardin
- Holding company
- Hardin Bcorp
- Established
- Apr 15, 1935
- Failed
- Jul 31, 1986
- Employees
- 29
- Id
- b15109
Quarter by quarter
March 31, 1984 to June 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Citizens State Bank?
$54.0 million in total assets and $53.5 million in deposits as of June 30, 1986, with assets down 21.2% from a year before. Its loans were $31.0 million.
Is Citizens State Bank profitable?
No: it lost $4.18 million from January 1 to June 30, 1986. Its return on assets was -13.53% a year; about 1% is typical.
Who owns Citizens State Bank?
Citizens State Bank is owned by Hardin Bcorp, its holding company.
When did Citizens State Bank fail?
Jul 31, 1986. Green Belt BANK&TRUST of Iowa Falls, IA took over its deposits. The estimated cost of the failure was $4.83 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.